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Verisign (VRSN)
NASDAQ:VRSN
Verisign (VRSN) Stock Price & Analysis
976 Followers
VRSN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$167.05 - $229.72
Previous Close$170.75
Volume676.45K
Average Volume (3M)696.53K
Market Cap
$17.01B
Enterprise Value$17.87B
Total Cash (Recent Filing)$926.40M
Total Debt (Recent Filing)$1.79B
Price to Earnings (P/E)21.0
Beta0.97
Next Earnings
Jul 25, 2024EPS Estimate
$1.94Last Dividend Ex-Date
May 05, 2011Dividend YieldN/A
Share Statistics
EPS (TTM)8.13
Shares Outstanding99,600,000
10 Day Avg. Volume717,708
30 Day Avg. Volume696,534
Standard Deviation0.07
R-Squared0.48
Alpha-0.00941
Financial Highlights & Ratios
Price to Book (P/B)-10.42
Price to Sales (P/S)44.71
Price to Cash Flow (P/CF)20.90
P/FCF Ratio18.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.97
Enterprise Value/Gross Profit13.79
Enterprise Value/Ebitda12.44
Forecast
1Y Price Target
$207.50Price Target Upside21.52% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Verisign News
Bulls Say, Bears Say
Bulls Say
Market SentimentInvestor sentiment may be starting to bottom, suggesting potential for recovery.
Marketing StrategyNew marketing plans are being rolled out to jump-start domain growth in the US.
Stock ValuationShares are currently trading 28-30% below its five-year averages on an EV/EBITDA and PE basis, indicating an attractive long-term risk/reward.
Bears Say
Financial PerformanceVeriSign reported challenging 1Q'24 results with total domain growth remaining sluggish.
Geopolitical InfluenceStructural change in China represents a potential long-term challenge for VeriSign's .com domain business.
Market TrendsInvestors are beginning to question the preeminence of .com, which has been a cornerstone of the investment thesis.
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Ownership Overview
16.48% Insiders
22.35% Mutual Funds
52.54% Other Institutional Investors
8.63% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
The estimated number of people who visited one or more of the websites owned by Verisign
Desktop Users
Mobile Users
VRSN FAQ
What was Verisign’s price range in the past 12 months?
Verisign lowest stock price was $167.04 and its highest was $229.72 in the past 12 months.
What is Verisign’s market cap?
Currently, no data Available
When is Verisign’s upcoming earnings report date?
Verisign’s upcoming earnings report date is Jul 25, 2024 which is in 68 days.
How were Verisign’s earnings last quarter?
Verisign released its earnings results on Apr 25, 2024. The company reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.06.
Is Verisign overvalued?
According to Wall Street analysts Verisign’s price is currently Undervalued.
Does Verisign pay dividends?
Verisign pays a Annually dividend of $2.75 which represents an annual dividend yield of N/A. See more information on Verisign dividends here
What is Verisign’s EPS estimate?
Verisign’s EPS estimate is $1.94.
How many shares outstanding does Verisign have?
Verisign has 99,600,000 shares outstanding.
What happened to Verisign’s price movement after its last earnings report?
Verisign reported an EPS of $1.92 in its last earnings report, beating expectations of $1.86. Following the earnings report the stock price went down -3.941%.
Which hedge fund is a major shareholder of Verisign?
Among the largest hedge funds holding Verisign’s share is Berkshire Hathaway Inc. It holds Verisign’s shares valued at 2B.
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Verisign Stock Smart Score
Underperform
1
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$207.50 (21.52% Upside)
$207.50 (21.52% Upside)
Blogger Sentiment
Bullish
VRSN Sentiment 66%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 180.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.3%
Last 30 Days ▲ 2.3%
Last 30 Days ▲ 2.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-23.75%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-1.66%
Trailing 12-Months
Company Description
Verisign
VeriSign, Inc. provides domain name registry services and Internet infrastructure, which enables Internet navigation for many of the world's most recognized domain names. It enables the security, stability, and resiliency of key Internet infrastructure and services, including providing root zone maintainer services, operating two of the 13 global Internet root servers, and providing registration services and authoritative resolution for the .com and .net top-level domains, which support the majority of global e-commerce. The company was founded by D. James Bidzos on April 12, 1995 and is headquartered in Reston, VA.
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VRSN Company Deck
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VRSN Earnings Call
Q1 2024
0:00 / 0:00
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VRSN Revenue Breakdown
66.62% U.S
15.28% EMEA
6.13% China
11.96% Other
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VRSN Stock 12 Month Forecast
Average Price Target
$207.50
▲(21.52% Upside)
Technical Analysis
Best Analysts Covering VRSN
1 Year
1 Year Success Rate
1/8 ratings generated profit
1 Year Average Return
-11.00%
reiterated a buy rating 23 days ago
Copying Ygal Arounian's trades and holding each position for 1 Year would result in 12.50% of your transactions generating a profit, with an average return of -11.00% per trade.
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